Emmanuel runs Tavsi General Shop where he earns his income. He has been in business for five years and is happy because of his improved living standards. Emmanuel joined a group called Minds Together and as the name suggests, the group members share business ideas. They also guarantee each other's loans, therefore he can easily get a loan from Faulu Kenya. He previously serviced two loans through the group. This has helped him invest in his business, hence raising his living standards. He has requested for a loan of 50,000 Kenyan shillings (KES) to add stocks of sugar, cooking fat, soaps and sweets. He hopes to open a supermarket in the near future.
About Faulu Kenya
Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.